Financial support for aspiring farmers

Financial support for aspiring farmers

Money for aspiring farmers in Quebec

At a glance

Eligible Funding
  • From 10,000$ to 50,000$
Timeline
  • Open Date : November 14, 2019
Financing Type
Grant and Funding
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Grant Providers
  • Gouvernement du Québec
  • La Financière agricole
Status
Open

Overview

Get up to $50,000 to work an existing farm or start a new business.

Eligibility criteria

To be eligible for the Financial Support Program for Aspiring Farmers grant in English, the following criteria apply: 1. You must be a young producer looking to establish yourself on an existing farm or start a new agricultural business. 2. Full-time Grant: - Facilitate your full-time establishment. - Encourage you to acquire agricultural, administration, or management training. - Grant financial support ranging from $20,000 to $50,000. 3. Part-time Grant: - Facilitate your part-time start-up. - Encourage you to acquire agricultural, administration, or management training. - Grant financial support ranging from $10,000 to $25,000. 4. Both grants can be used for productive investments such as land improvement or equipment purchase. 5. The amount of the grant is enhanced based on your training level: - Training Level 1: $50,000 (e.g., Bachelor's of Science in agriculture, administration, or management). - Training Level 2: $30,000 (e.g., Bachelor's degree in a related field). - Training Level 3: $20,000 (e.g., Diploma or Certificate in another field). 6. There is also an excellence contest for individuals between 18 and 40 years old, offering grants of $5000, $2500, or $1500. Visit the Contest Page for more details on how to register and see past winners. These are the key eligibility criteria for the Financial Support Program for Aspiring Farmers grant.

Eligible expenses

Eligible expenses for this grant include: - Land improvement - Equipment purchase These expenses can be covered with the grant provided through the Financial Support Program for Aspiring Farmers.

Eligible projects & activities

Here are the eligible projects or activities for the Financial Support Program for Aspiring Farmers grant: - Land improvement - Equipment purchase These projects can be funded using the grant provided.

Evaluation & selection criteria

- The evaluation and selection criteria for this grant include the level of training completed by the applicant: Bachelor's of Science in agriculture, administration, or management; Diploma of Collegial Studies (DCS) in farm management and operations; or other equivalent diplomas. - The grant amount is determined based on the level of training completed, with higher levels of training qualifying for larger grant amounts. - The applicant must meet the age requirement of being between 18 and 40 years old to participate in the Tournez-vous vers l’excellence! Contest. - If the applicant's age falls outside the specified range, they may not be eligible for the contest. - The grant is intended to support full-time or part-time establishment on an existing farm or for starting a new agricultural business.

How to apply

To apply for the Financial Support Program for Aspiring Farmers grant, you need to follow these steps: 1. Determine if you meet the eligibility criteria for either the Full-time Grant or the Part-time Grant. 2. Prepare all necessary documentation and information to support your application. 3. Submit your application to La Financière agricole du Québec according to the instructions provided on their website.

Additional information

- Applicants must be between the ages of 18 and 40 to be eligible for the grants. - The grants can be used for productive investments in the operation, such as land improvement and equipment purchase. - Training levels determine the amount of financial support applicants can receive. - There is a contest called "Tournez-vous vers l’excellence!" that recognizes young entrepreneurs between 18 and 40 years old with grants of $5000, $2500, or $1500.

Documents and links

Financial support for aspiring farmers

Contact information

1-800-749-3646
Apply to this program